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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240712

Further. We are joined this hour by finance minister. The other big story today, lawmakers in washington take aim at the power of big tech. Saystitrust investigation they are abusing their dominant status. Australia coming online. Lets turn to Sophie Kamaruddin in hong kong with a checkup on markets. A two day rise, we are seeing pressure come through for the benchmark while the aussie dollar is testing that 71 popl after forming a double early this october. We are seeing action in the bond space. The front end of the aussie curb slipping with the three year yield falling as much as four basis points earlier in the session. This after australias updated debt issuance coming in less than expected. I want to highlight bhp shares. We are seeing the stock fall as much as 2. 3 this morning. Tesla bhp in focus be at flipping the board to check in on futures, s p eminis under pressure. The yen trading study but theres upward pressure on the stimulus deadlock. We are watching iphone makers aft

Transcripts For CNBC Squawk Alley 20240713

Which means they were the vast majority of the comp sales the in store sales were. 9 . The stores fulfilled 80 of the digital orders in some way Brian Cornell said the retailer will spend 500 million from the beginning of march through july 4th on higher wages and other operational expenses related to the covid crisis so this spending goes beyond q 1 into q 2 not directly comparable with what we heard from walmart yesterday. The sales came at a cost their operating Income Margin was 2. 4 compared to 6. 4 in the same period last year and the gross margin rate was 25 compared to nearly 30 last year but then look at lowes, Michael Baker calls lowes perhaps the most surprising result of the quarter for retail their comparable sales grew more than 11 total up more than 12 in the u. S. Thats only the fourth time in at least ten years we think that lowes beat home depot in the u. S. Both retailers had identical online sales growth in the quarter of 80 but that is a huge growth compared to las

Transcripts For BBCNEWS The 20240703

Which means she will be able to play again in october 2026, by which time she will be 3a but in a statement halep said she intends to appeal against the decision at the court of arbitration for sport. To the rugby world cup, where englands tom curry has been banned for 2 matches, after attending a disciplinary hearing following his red card against argentina. Curry was sent off for head contact in the third minute of englands opening game of the tournament. An initial yellow card was upgraded to red by the new bunker review system. He was handed a 3 match suspension, but that will be reduced if as intended he completes world rugby s Coaching Programme on tackling. There are 8 games going on in the European Championship qualifiers tonight. Scotland are currently top of group a, england are curently top of group c, belgium currently top group f, and in group i, leaders switzerland are home to bottom side andorra. And there are a host of International Friendlies tonight. One of the games

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